You are currently viewing The chairmanship of KPT held a meeting for establishing a regulatory authority.

The chairmanship of KPT held a meeting for establishing a regulatory authority.

A meeting was held under the chairmanship of Syed Syedain Raza Zaidi, chairman of KPT, in pursuance of the PriMinister’sr’s recent decision to decrease dwell time at ports and terminals, excessive charges, and regulation of the shipping sector by establishing a regulatory authority.

The issues faced by the trade were discussed in detail, and then it was decided to form a working group consisting of all stakeholders, which will present short—and long-term solutions.

The group’s first meeting was conducted straight after the meeting chaired by the Chairman, KPT.

After consultations with representatives of prominent shipping lines/agents present, it was decided to open offices on Saturdays from 20 July 2024 with a skeleton staff for issuance of delivery orders for a period of one month to facilitate the trade and evaluate the outcomes after one month.

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